There are two questions people keep asking about Indian markets this year. First, is the endless stream of new shares hitting the market- IPOs, QIPs, promoters and the government selling stock- the real reason our market has struggled? Second, if our economy is doing so well, why are markets in Germany, Pakistan, Brazil, and Mexico…
India’s defence industry has a problem that is rather less glamorous than missiles, fighter aircraft or drones: there are a lot of orders to deliver, and the industrial system has to find a way of delivering them faster. Defence production reached a record Rs 1.78 lakh crore in FY2025-26, up 15.6 percent from the previous…
New York: India recorded a “remarkable growth” of 7.8 per cent in the first quarter of fiscal year 2026-27 despite global disruptions, and against all odds, remains the fastest-growing major economy in the world, Finance Minister Nirmala Sitharaman said. Sitharaman on Wednesday participated in a high-level business roundtable with investors, organised by the Consulate General…
New York: India’s 7.8 per cent GDP growth in the first quarter of 2026-27 fiscal year continues the country’s trajectory as the fastest-growing large economy in the world, Indian Ambassador to the US, Vinay Kwatra, said as he rang the opening bell here at Nasdaq. “India is undergoing a significant economic and technological transformation, driven…
For a long time, tyres occupied an odd position in the construction-equipment business. Everybody needed them, few wanted to talk about them until something went wrong, and purchasing decisions often revolved around price, availability and the promise of reasonable life. The tyre was essentially treated as a consumable attached to the machine rather than as…
At bauma CONEXPO INDIA 2026, Brokk will arrive with a proposition that may look slightly mischievous in a construction-equipment market where bigger machines still tend to attract the bigger conversations. Its demolition robots are small enough to make a conventional excavator look almost theatrical, but that is hardly the comparison Brokk is interested in. For…
New Delhi: The Enforcement Directorate on Wednesday conducted searches in multiple states as part of a money laundering investigation linked to “fraudulent” toll collection at various NHAI plazas, officials said. They said about 14 premises in Uttar Pradesh, Rajasthan, Maharashtra, Jammu and Kashmir, Madhya Pradesh, Delhi-NCR and West Bengal were brought under the searches. The…
PALFINGER has already done the easy part in India: it has sold the equipment. The harder part begins when an Austrian lifting-equipment specialist starts putting serious money, engineering capability and manufacturing muscle behind the Indian operation and then asks the Indian market to decide whether the proposition is worth paying for. That makes bauma CONEXPO…
Bengaluru: A counterfeit currency printing racket was busted in Bengaluru South district, with the arrest of seven people and seizure of materials used to make fake notes, police said on Tuesday. The accused were identified as Santosh (35), Satish (36), Sampath (33), Rajesh (34), Renukaraj (31), Shivaraj (42) and Govindaraj (50), they said. The arrests…
New Delhi: A record over 7.8 crore ITRs have been filed for assessment year (AY) 2026-27 till August 31, the income tax department said on Tuesday. Last year, over 7.3 crore income tax returns (ITRs) were filed by September 16, 2025, the extended deadline for filing returns for non-audit cases for AY 2025-26. ” A…
